off the annual interest rateon UnsecuredPersonal Loans

1% p.a. interest rate discount offer: Offer open to all customers who complete an application for a new fixed or variable rate Unsecured Personal Loan via the 'Apply now' or 'Get started' application button on this page, by phone or visiting a branch. Offer ends 30 April 2018. All other fees and charges outlined on the product page and in the product disclosure statement apply. Credit criteria, terms and conditions apply.

Variable rate

1-7 years flexible loan term

From 12.99%p.a. variable interest rate *

14.06%p.a. comparison rate^

Pay your loan off sooner with fewer fees

Fixed rate

1-5 years flexible loan term

From 12.99%p.a. fixed interest rate *

14.06%p.a. comparison rate^

Set repayments for simpler budgeting

* Our risk-based pricing means the loan interest rate may vary between 12.49% p.a. and 19.99% p.a. depending on our credit assessment and the detail in your application. Interest rates may change and margins may apply in some circumstances. Your loan is more likely to be approved if you’ve been with BankSA for six months or more.

You also get…

Flexible loan repayments

Choose a loan term of 1-7 years to suit your circumstances and make weekly, fortnightly or monthly repayments.

Redraw facility on variable rate loans

Redraw a minimum of $500 from your loan amount if you need to, provided you’re at least $500 ahead on your repayments. Each request is subject to approval and a fee.

Internet banking access

Key fees

$150Early repayment fee if you fully repay the loan within the first 12 months
(you will also have to pay break costs on early repayment of a fixed rate loan)

$100Early repayment fee if you fully repay the loan after the first 12 months and before the end of the loan term (you will also have to pay break costs on early repayment of a fixed rate loan)

$9Fee when a direct debit order for payment from another institution is dishonoured

What is a break cost? Break costs are an amount equal to our reasonable estimate of loss if you break a fixed rate loan term. You’ll need to pay break costs upon early payout or partial payment (in excess of the limit set out in the loan terms and conditions) of a fixed rate loan.

Fees are subject to change.

The Detail

Before making a decision, please read these documents to ensure you’re aware of all fees, charges and interest rates.

Not right? Try these

The advice on our website is prepared without knowing your personal objectives, financial situation or needs. Before you act on this or any advice, please consider if it's right for you. Read the above product disclosure documents as well as the Online Banking Terms and Conditions (PDF 9MB) before making a decision and consider whether the product is appropriate for you. If you need help, call 13 13 76.

^ Comparison rates help you understand the true cost of a loan. They usually include the annual interest rate plus most fees and charges. The above comparison rates are based on an unsecured personal loan of $30,000 over 5 years and are only true for this example. Interest rate ranges and representative examples are: Based on an unsecured loan of $30,000 borrowed for 5 years with the minimum interest rate of 12.49% p.a. (13.37% p.a. comparison rate), the estimated total amount payable including fees is $41,470; and with the maximum interest rate of 19.99% p.a. (21.02% p.a. comparison rate), the estimated total amount payable including fees is $48,709. WARNING: This comparison rate applies only to the example or examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Conditions, fees and charges apply. These may change or we may introduce new ones in the future. Full details are available on request. Lending criteria apply to approval of credit products. This information does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Unless otherwise specified, the products and services described on this website are available only in Australia from Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714.